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Rymarz Zdort and Dentons Advise on Sale of Controlling Stake in Archicom to Echo Investment

Rymarz Zdort and Dentons Advise on Sale of Controlling Stake in Archicom to Echo Investment

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Rymarz Zdort has advised the founders of Archicom S.A. on their sale of 66.01% of the share capital and 65.99% of the votes to Echo Investment S.A. Dentons advised the buyer on the deal.

According to Rymarz Zdort, “the price for the block of shares amounts to PLN 425.1 million and will be partially offset by way of the founders subscribing for PLN 188 million in bonds issued by Echo Investment.” In addition, Rymarz Zdort reported that, as a part of the transaction, an option agreement was executed under which Echo Investment will acquire, or designate an entity to acquire, by March 15, 2023, shares in the share capital of an SPV holding 8.31% of the shares in Archicom. 

The Archicom Group is a real estate developer operating in the cities of Wroclaw, Krakow, Lodz, Poznan and the Tri-City area. Echo Investment is a Kielce-based publicly held company which primarily invests in the housing, shopping centers, office buildings, and hotel sectors of the Polish real estate market. 

Rymarz Zdort’s team included Managing Partner Pawel Zdort, Partners Jacek Zawadzki, Monika Kierepa, Robert Krasnodebski, Marcin Iwaniszyn, Piotr Fedorowicz, and Iwona Her, Counsel Marek Kanczew, Senior Associates Antonina Falandysz-Ziecik, Marcin Plonka, Jerzy Rostworowski, and Tomasz Bakowski, and Associates Marzena Iskierka and Aleksander Jakubisiak. 

The Dentons team consisted of Partners Pawel Grabowski and Jacek Jezierski, Managing Counsel Michal Wasiak, Senior Associates Martyna Racz-Suchocka, Andrzej Wlochy, and Natalia Lawniczak-Koziol, Associates Agata Izyk, Agnieszka Kot, Natalia Greiner, Paulina Dabek, Jacek Korcz, Karolina Ostrowska, and Kamil Januszek, and Trainees Justyna Obniska and Aleksandra Lukaszyk.

Dentons at a Glance

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

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